Robinhood Insurance Broker Private Limited

What Can Be Claimed Under 80C?

You can claim a maximum tax deduction of Rs 1,50,000 for the investments and payments made against the financial instruments that are covered under section 80C. Below is the list of those investments and payments -

  • Investments in ELSS funds i.e. Equity linked saving scheme
  • Investments in PPF i.e. Public provident fund
  • Investments in EPF i.e. Employee provident fund
  • Investments in NSC i.e. National savings certificates
  • Investments in ULIPs i.e. Unit linked insurance plans
  • Payment of premiums against life insurance policy
  • Investments in tax-saving fixed deposits
  • Investments in senior citizens savings scheme
  • Investments in sukanya samriddhi yojana
  • Repayment of home loan
  • Payment of children's tuition fees

To know further on 'what can be claimed under 80C', and how to invest under the above mentioned schemes, read Here.

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